I am very new in MFs. Right now I am 33 years old.

I want to continue upto the age of 60 years with a monthly investment of Rs 3,000.

What is the best MF suited for me for a good return?

Ans: Equity schemes are best suited for creation wealth in long run and the suitable schemes are as under (Can start SIP of Rs. 1500-Rs. 2000 in each of these 4 funds)

- UTI Equity Fund - Growth

- Axis Focused 25 Fund - Growth

- Motilal 30 mid cap fund – Growth

- LIC MF Large cap fund - Growth

Ans: Hello Sai Kumar. Thanks for discussing your requirements. I recommend investing in the following schemes based on all factors:

• Quant Flexi Cap Fund -- 40000
• Canara Robeco Emerging Equities Growth -- 40000
• Axis Mid Cap Fund -- 30000
• Nippon India Small cap Fund -- 20000

Total: 130000

Ans: It's wise to plan your investments with retirement on the horizon. Here are some suggestions for your lump sum investment:

Consider a mix of equity and debt mutual funds to balance growth potential with stability.
For equity exposure, opt for diversified equity funds or large-cap funds to minimize risk.
Additionally, allocate a portion to debt funds or hybrid funds to provide stability and income generation.
Given your investment horizon of 5-7 years, focus on funds with a proven track record of consistent performance.
Regularly review your investments and make adjustments as needed based on changes in your financial goals and market conditions.
Remember, investing is a long-term journey, and staying disciplined and diversified is key to achieving your financial objectives.
Consult with a Certified Financial Planner to receive personalized advice tailored to your specific needs and goals.
By carefully selecting mutual funds that align with your risk tolerance, investment horizon, and financial goals, you can work towards building a robust investment portfolio for your retirement years.

Ans: For safe and steady returns, consider balanced advantage funds, large-cap funds, or conservative hybrid funds. Allocate based on your goals and risk tolerance. Consult a CFP or MFD like us for a customised investment plan tailored to your financial needs.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment